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President’s fund increases medical allowances to 100%

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As per President Ranil Wickremesinghe’s directives, measures have been initiated to enhance the medical allowances provided by the President’s Fund, increasing them from 50% to 100%, effective from January 01, 2024.

Mr. Sarath Kumara, the Secretary of the President’s Fund, announced that in line with the President’s guidance, services offered to the public by the President’s Fund will be expanded from the year 2024.

To achieve this, previously uncovered medical conditions have been identified, and assistance has commenced for those diseases. Notably, starting this year, medical aid will cover eye surgeries for individuals under 21 years of age, performed in private or semi-public hospitals.

In an effort to minimize the influx of patients seeking medical assistance in the city, a streamlined registration system within the President’s Fund for hospitals across the island has been implemented from 2024.

Furthermore, the stipend for post-working hours heart surgeries at Karapitiya Hospital will be increased this year, with plans to extend this system to other hospitals. Additionally, starting this year, medical aid payments of up to Rs. 01 million will be provided for liver transplant surgeries for young children at the Ragama Hospital.

Recognizing a gap in coverage, medical aid will now be extended to cover cancer surgeries performed in private or semi-public hospitals. Moreover, both private or semi-public hospitals and government hospitals will offer medical aid for medical tests conducted externally before and after bone marrow transplant surgery, effective this year.

Starting this year, the President’s Fund raises the monthly income limit for medical aid from Rs.150,000 to 200,000 , aiding middle-class individuals. Secretary Mr. Sarath Kumara notes the Fund’s adherence to the President’s directives in providing prompt services in 2023.
In that year, over 8,000 pending medical aid applications were addressed, spending 1,342 million rupees. Additionally, 3458 applications received in 2023 were processed, with Rs. 844.7 million disbursed.

Further, as per the instructions of the President, the President’s Fund has implemented the program of providing scholarships for the students who have passed the G.E.C. O/L exam and who need to be given relief in order to continue their education.

In the meantime, students who have passed the General Certificate of Education A Level Examination with top marks in the last two years have been selected at the district level and national level to provide financial assistance to those students. Accordingly, Rs. 31.5 million financial assistance has been given to 90 selected students.

The President’s Fund also implemented a program to provide financial and material assistance through the divisional secretaries of the island to uplift family units that are suffering from poverty but can engage in self-employment. Also, programs to provide monthly financial and material support through regional secretariats were successfully implemented in 2023 to identify family units suffering from poverty but unable to engage in self-employment or other work. Financial contribution has been provided for maintaining religious harmony as well as for religious activities and other social activities.

Meanwhile, in order to avoid unnecessary delays in the payment of medical aid, the application form for reimbursement of medical aid was updated and the necessary arrangements are being made to make payments within three working days for a medical aid application that is duly completed and delivered to the Presidential Fund without defects.

In 2022, a scholarship program commenced for G.E.C. exam-passed students. From each of the  education divisions across the island, students were selected. Monthly, within the first two days of work, funds are credited to their bank accounts, and SMS notifications are sent. Currently, these students have received 10 monthly instalments.

This year, another initiative began for high-achieving students facing financial challenges after passing the GCE (A/L).  Fifty students from one education division and a total of 5000 students from 100 education divisions are granted 6000 rupees monthly for 24 months to support their General Certificate of Education studies.

The Fund extended support through regional secretaries, aiding impoverished family units and implementing successful monthly assistance programs in 2023. Financial contributions were made for religious harmony and social activities.

Efforts are underway to swiftly provide warranty certificates for hospitalized patients undergoing surgery or treatment. Upon admission, hospitals will deduct the agreed-upon fund amount from medical bills, streamlining the process. Secretary Mr. Sarath Kumara ensures that a single visit to the President’s Fund is sufficient for patients, minimizing unnecessary calls or inconveniences.

Furthermore, a ceremonial event took place at the office premises yesterday, blessing the President’s Fund staff for their new-year duties in 2024.

Venerable Kirinde Assaji from the Hunupitiya Gangaramaya, Colombo, led the Pancha Sheela group in a solemn ceremony attended by dignitaries such as Secretary to the President Mr. Saman Ekanayake, Secretary to the Prime Minister Mr. Anura Dissanayake and others.

(President’s Media Division)

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Application for Grade 1 admission for 2026, issued

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The Ministry of Education today (July 03) announced the release of instructions regarding the admission process for Grade One students in State schools for the Year 2026.

To enroll their children in Grade One of Government schools for the year 2026, parents or legal guardians are required to complete the application form following the provided specimen and instructions.

The application is as follows :

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SL – Hungary sign debt restructuring agreement

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The government of Sri Lanka and the Hungarian Export Credit Insurance Plc. have signed a bilateral agreement in relation to the External Debt Restructuring Process.

In a statement, the Ministry of Finance, Planning and Economic Development said the signing of the agreement is a significant milestone of the External Debt Restructuring Process and testament to the government’s commitment to conclude the restructuring process as soon as possible to restore debt sustainability and thereby revamp Sri Lanka’s economy.
Following bilateral discussions after the conclusion of the Memorandum of Understanding (MoU) with the Official Creditor Committee (OCC), the Hungarian Export Credit Insurance Plc. has agreed to provide a debt relief measure by rescheduling the outstanding debts, the Ministry noted.

The estimated rescheduled debt under this agreement amounts to Euro 30 million.

The signing of the agreement will pave the way to developing further the deep and long standing bilateral relationships between Hungary and the Government of Sri Lanka, the Ministry added.

The bilateral agreement was signed by Dr. Harshana Suriyapperuma, Secretary of the Ministry of Finance, Planning, and Economic Development, on behalf of the government and Györgyi Rehoregh, Director, Foreign Corporate Risk Management & Claims and Recoveries Directorate, and Dr. Adrienn Hegyi Szénásiné, Head of Claims and Recoveries, Foreign Corporate Risk Management and Claims and Recoveries Directorate, on behalf of the Hungarian Export Credit Insurance Plc.

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Govt appoints committee to tackle plastic pollution

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A committee has been appointed to investigate and submit a report on plastic-based products in the market that pose a threat to the health of children, the Ministry of Trade, Commerce, Food Security, and Cooperative Development has announced.

Speaking at a media briefing today (03), Subject Minister Wasantha Samarasinghe stated that the government will take the strongest possible measures within the next two months to prevent such harmful products from entering the market, based on the committee’s recommendations.

He warned that some plastic bottles used to fill hot water are unsafe and noted that tests have revealed serious risks due to the use of such material.

“We will summon importers and manufacturers and present the facts to them. A committee of experts will be appointed, and all relevant parties will have the opportunity to share their concerns with the committee. Based on its report, we will take the strongest possible decisions to ensure the safety of children,” the Minister added.

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